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Technology Stocks : Semi Equipment Analysis
SOXX 298.01-0.5%Dec 15 4:00 PM EST

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To: Ian@SI who wrote (11672)9/18/2003 12:45:25 PM
From: Kirk ©  Read Replies (1) of 95580
 
I stand by my statement. Grasso was ridding the NYSE of corruption, criminal activities or just plain abuse of the system and its regulations. That's what got him pushed out.

Grasso was doing a great job. All agree.

If I am offered 10x what I charge for a service I perform, am I obligated to say "that is too much?" Someone may really want to make sure they have my loyalty and pay me so well I don't look elsewhere. Then again, if I am a regulator, those I regulate should not be setting my salary.

The NYSE board of directors should have been shown the door but that isn't the way it works.

the buck stops here has to mean something again and what better place to make a point that the NYSE?

We have to now get the CEOs to stop raping the companies with excessive salaries and options packages using cronies put on their boards to rubber-stamp the pay demands. We all know how compensation works. Drive the average up and you get a raise.
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